PETALING JAYA: Yinson Holdings Bhd
and Rubberex Corp (M) Bhd could be dropped from the Securities Commission’s new syariah-compliant securities list, which is expected to be unveiled on Nov 26.
RHB Research Institute head of regional equity research Alexander Chia said both companies are at the risk of exclusion for failing to meet the 33% cash and debt ratios threshold.
Yinson is a floating production storage and offloading player, while Rubberex is a glove maker.
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